NOT LISTED FOR SALE

709 Old Route 36 Illiopolis, IL 62539

Estimated Value: $528,900

-- Bed
-- Bath
10,216 Sq Ft
$52/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $175,000 $17 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $3,415/month

About This Home

As of March 2018

Here is the perfect opportunity to have 185 feet of frontage property on US Old Route 36 in Illiopolis. 10,000+ SF building includes a 500+ SF mezzanine office area and a loading dock with a lift. City utilities; 1,000 Panel Amp, 3 phase, 4 wire electrical service with a 4" poured concrete floor with tile in areas. Easy conversion to warehouse, distribution center or divided into multiple store fronts. Call for a private showing. Sq. ft. believed accurate not warranted

Last Agent to Sell the Property

Mike Buscher

The Real Estate Group, Inc. License #471000541 Listed on: 11/08/2017

The Real Estate Group, Inc.

Last Buyer's Agent

JAKE EBERT

The Real Estate Group, Inc. License #475137520

Property Details

Property Type

Other

Est. Annual Taxes

$7,592

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Land & Farm
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 17.13
  • Total Sq Ft: 10216

Lot Info

  • Estimated Number of Acres: 0.7
  • Zoning: B-1
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 1
  • Sale Lease Includes: Building, Land

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2018
Sold by
Walnut Mart Llc
Bought by
Bhalla Holdings Llc
Current Estimated Value
$528,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 8, 2017
Closed on
Mar 20, 2018
Sold by
Johnson Douglas A and Johnson Patricia C
Bought by
Walnut Mart Llc
Seller's Agent
Mike Buscher
The Real Estate Group, Inc.
Buyer's Agent
JAKE EBERT
The Real Estate Group, Inc.
List Price
$215,000
Sold Price
$175,000
Premium/Discount to List
-$40,000
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%

Purchase Details

Closed on
Dec 11, 2017
Sold by
Robert G Johnson Trust
Bought by
Johnson Douglas A and Johnson Patricia C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bhalla Holdings Llc $350,000 First Illinois Title
Walnut Mart Llc $175,000 --
Johnson Douglas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bhalla Holdings Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2018 03/20/18 Sold $175,000 -18.6% $17 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
11/08/2017 11/08/17 For Sale $215,000 -- $21 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,592 $103,094 $17,532 $85,562
2023 $7,023 $95,167 $16,184 $78,983
2022 $6,307 $85,275 $14,502 $70,773
2021 $6,180 $81,736 $13,900 $67,836
2020 $5,615 $74,148 $13,460 $60,688
2019 $5,490 $72,880 $13,230 $59,650
2018 $5,341 $70,688 $12,832 $57,856
2017 $4,583 $59,931 $12,531 $47,400
2016 $4,556 $59,692 $12,481 $47,211
2015 $4,481 $58,643 $12,262 $46,381
2014 $4,349 $57,640 $12,052 $45,588
2013 $4,217 $55,745 $11,656 $44,089
Source: Public Records

Agents Affiliated with this Home

  • Mike Buscher

    Seller's Agent in 2018

    Mike Buscher

    The Real Estate Group, Inc.

    (217) 553-5958

    7 Total Sales

    Mike Buscher
    Section Image

  • J

    Buyer's Agent in 2018

    JAKE EBERT

    The Real Estate Group, Inc.

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA177449

RMLS Alliance

APN: 17-12.0-426-007

Illinois Sangamon County Illiopolis 62539

709 Old Route 36, Illiopolis, IL

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